16, CROWN CLOSE, RAINWORTH, MANSFIELD, NG21 0FE - £135,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

16 CROWN CLOSE is a small extended detached house of 72m², built sometime between 1983 and 1990, which could now be worth an estimated £191,431. It was last sold for £135,000 in December 2015, which was around 46% below the average December 2015 detached price in the Newark and Sherwood local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was D.

16 CROWN CLOSE Sold Prices

Land registry data shows six sales for 16 CROWN CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Newark and Sherwood local authority area for the corresponding sale date. All of the six 16 CROWN CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2015 11 DEC	£135,000	£248,231	46% below HPI
2013 2 APR	£124,000	£211,283	41% below HPI
2005 8 APR	£133,000	£207,016	36% below HPI
2002 15 NOV	£89,000	£153,446	42% below HPI
2002 3 MAY	£74,000	£119,967	38% below HPI
1999 1 APR	£53,000	£84,855	38% below HPI

16 CROWN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Newark and Sherwood local authority area over time, sourced from the HPI. The six 16 CROWN CLOSE sales between April 1999 and December 2015 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the April 2013 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the December 2015 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

What might 16 CROWN CLOSE be worth now?

16 CROWN CLOSE might now be worth an estimated £191,431.

This is based on house price inflation of 41.8%, between December 2015 and February 2025, for detached houses, in the Newark and Sherwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 41.8% inflationary increase is applied to the most recent sale price for 16 CROWN CLOSE of £135,000 on 11th December 2015. For the value to have increased from £135,000 to £191,431 over the ten years and ten months to February 2025, the following assumptions must hold true:

• The value of 16 CROWN CLOSE has moved in line with the HPI for detached houses in the Newark and Sherwood local authority area.
• The December 2015 sale price of £135,000 represented a fair market value for the property.
• The size, condition, and specification of 16 CROWN CLOSE has not materially changed since December 2015.

How Large is 16 CROWN CLOSE?

16 CROWN CLOSE is 72m², which includes one extension, according to the EPC inspection conducted in July 2011. This puts it in the smallest 30% of detached houses houses in Rainworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rainworth, and where 16 CROWN CLOSE lies on this distribution: 23% of detached houses houses are smaller than 16 CROWN CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Rainworth.

16 CROWN CLOSE: Plot and Title Map

16 CROWN CLOSE sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 16 CROWN CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 16 CROWN CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 16 CROWN CLOSE?

16 CROWN CLOSE is located in RAINWORTH, in the NG21 postcode district. The below map shows the position of No. 16 on CROWN CLOSE.